USDJPY Weekly Analysis - May 10, 2015

Long Term Forex Analysis | by ForexCycle.com | Sunday, 10 May 2015 07:37 UTC
USDJPY continued its sideways movement in the range between 115.56 and 122.02. As long as 115.56 support holds, the price action in the range could be treated as consolidation of the uptrend from 75.57 (Oct 31, 2011), one more rise to 130.00 area could be expected after the sideways move.

usdjpy chart

Recommended Forex Trading Platforms

Forex Trading We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.


Subscribe to Newsletter

To receive alerts by email when Free Forex Analysis are updated. Enter your email address below.